Mortgage Application Outcomes by Bank
We analyzed 3,176,303 mortgage applications across 639 institutions using 2023 HMDA data from the Consumer Financial Protection Bureau. Here's what the public data shows about recorded approval outcomes.
3,176,303
Applications Analyzed
80%
Average Recorded Approval Rate
639
Institutions Tracked
2,164,384
Loans Originated
Use HMDA Data With Other CreditDoc Context
HMDA approval data is one public-data signal. Use it with lender profiles, mortgage category pages, state and local research, and borrower questions. It is not a recommendation, approval prediction, price quote, or licensing determination.
Low-Income Approval Rate Records
These institutions show higher recorded approval rates for applicants reporting income under $50,000 in the HMDA file. Minimum 1,000 total applications and 100 low-income applications required.
| # | Lender | Low-Income Rate | Overall Rate | Total Apps |
|---|---|---|---|---|
| 1 | Stride Bank | 96.3% | 97.3% | 1,206 |
| 2 | Coastal Community Bank | 95.4% | 98.3% | 28,019 |
| 3 | Great Plains National Bank | 93% | 94% | 1,222 |
| 4 | Hills Bank And Trust Company | 92.8% | 97.1% | 3,255 |
| 5 | First State Bank Of St Charles Missouri | 92.5% | 97.1% | 2,054 |
| 6 | Traditions Bank | 91.8% | 96.6% | 1,339 |
| 7 | Meridian Bank | 91.3% | 96% | 2,681 |
| 8 | Plains Commerce Bank | 91.1% | 96.2% | 14,063 |
| 9 | Carrollton Bank | 90.1% | 93.8% | 1,911 |
| 10 | Ixonia Bank | 89.7% | 94.4% | 6,326 |
| 11 | Fox Communities | 89.7% | 96% | 2,337 |
| 12 | Cornerstone Capital Bank Ssb | 89.5% | 96% | 10,454 |
| 13 | Crosscountry Mortgage | 89.4% | 96.3% | 87,537 |
| 14 | Bank Of England | 88.4% | 95.4% | 7,527 |
| 15 | Stifel Bank And Trust | 88.4% | 97.8% | 3,618 |
Lower Low-Income Approval Rate Records
These institutions show lower recorded approval rates for applicants reporting income under $50,000 in the HMDA file. This does not necessarily indicate discrimination because lenders serve different markets, products, and borrower profiles.
| # | Lender | Low-Income Rate | Overall Rate | Total Apps |
|---|---|---|---|---|
| 1 | Axos Bank | 9.7% | 54.3% | 1,481 |
| 2 | Educational Employees | 12.5% | 43.3% | 2,608 |
| 3 | Patelco | 12.6% | 65.3% | 3,889 |
| 4 | Digital | 12.7% | 65.7% | 8,467 |
| 5 | Frost Bank | 13.5% | 44.4% | 16,636 |
| 6 | Florida | 14.8% | 26.8% | 3,748 |
| 7 | Wescom Central | 16.3% | 62.9% | 2,587 |
| 8 | Bankwest | 17% | 44.2% | 1,270 |
| 9 | Midflorida | 18.6% | 40.2% | 7,842 |
| 10 | Bank Of America | 18.7% | 43.2% | 223,917 |
| 11 | Vystar | 18.9% | 39.2% | 9,736 |
| 12 | Addition Financial | 18.9% | 43.7% | 1,262 |
| 13 | California | 19.7% | 57.1% | 2,842 |
| 14 | Sofi | 20.6% | 67.8% | 4,159 |
| 15 | Connexus | 20.9% | 48.5% | 3,534 |
Largest Recorded Approval-Rate Gaps by Income
The largest recorded difference between approval rates for high-income (over $200K) and low-income (under $50K) applicants at the same institution. A larger gap shows a stronger income-based pattern in this public dataset, not a prediction for any individual applicant.
| # | Lender | Over $200K | Under $50K | Gap |
|---|---|---|---|---|
| 1 | Patelco | 82.6% | 12.6% | 70.0pp |
| 2 | Norway Savings Bank | 89.7% | 23.3% | 66.4pp |
| 3 | Digital | 79% | 12.7% | 66.3pp |
| 4 | Franklin Mint | 85.4% | 23.6% | 61.8pp |
| 5 | Northeast Bank Portland | 86.1% | 24.7% | 61.4pp |
| 6 | Rockland Trust Company | 83.8% | 22.9% | 60.9pp |
| 7 | Elevations | 88.8% | 28.7% | 60.1pp |
| 8 | Alliance Bank Cape Girardeau | 91% | 32.1% | 58.9pp |
| 9 | Axos Bank | 68% | 9.7% | 58.3pp |
| 10 | Firstbank Lakewood | 90.8% | 33.7% | 57.1pp |
| 11 | Wescom Central | 73.2% | 16.3% | 56.9pp |
| 12 | Citibank | 95.1% | 38.7% | 56.4pp |
| 13 | Amarillo National Bank | 91.6% | 35.6% | 56.0pp |
| 14 | Trumark Financial | 84.8% | 28.9% | 55.9pp |
| 15 | Sofi | 76% | 20.6% | 55.4pp |
Methodology
- Data source: CFPB Home Mortgage Disclosure Act (HMDA) Snapshot, 2023
- Applications counted: Originated (action_taken=1), approved not accepted (2), denied (3), and preapproval denied (7)
- Approval rate: (Originated + Approved not accepted) / Total applications × 100
- Income tiers: Based on applicant-reported income in thousands. Under $50K = income field < 50
- Minimum thresholds: 500+ total applications for inclusion; 100+ low-income applications for income-tier rankings
- Institutions: Matched via LEI (Legal Entity Identifier) from the HMDA panel file to our lender directory using FDIC cert and name-based entity resolution
Look up recorded lender outcome context on available profile pages.
Search LendersLast updated: May 2026. Data reflects 2023 HMDA filings. CreditDoc is not affiliated with CFPB or any listed institution.